The unemployment rate for Black women fell in December, following a sharp rise
The unemployment rate for Black women decreased in December, reversing a concerning rise in November. Nonfarm payrolls showed significant growth…
Category: Economy
Payrolls increased 227,000 in November, more than expected; unemployment rate at 4.2%
Job creation in November bounced back from a near-standstill the previous month due to the diminishing effects of a significant…
U.S. economy grew at a 2.8% pace in the third quarter, less than expected
The U.S. economy experienced another period of solid growth in the third quarter, driven by strong consumer spending that surpassed…
The Fed is on course to cut interest rates in December, but what happens next is anyone’s guess
Friday’s jobs report has all but confirmed that the Federal Reserve will likely approve an interest rate cut during its…
Trump says he should get a say on Federal Reserve interest rate decisions
Republican presidential nominee Donald Trump expressed his belief that he should have a say in the Federal Reserve’s decisions on…
U.S. economy added just 12,000 jobs in October, impacted by hurricanes, Boeing strike
Job creation in October slowed to its weakest pace since late 2020 as the impacts of storms in the Southeast…
Markets are clamoring for the Fed to start cutting soon: ‘What is it they’re looking for?’
If the Federal Reserve is beginning to prepare for interest rate cuts, some segments of the market are growing restless…
GDP grew at a 2.3% pace in the fourth quarter, less than expected
U.S. economic growth decelerated slightly more than anticipated in the final quarter of 2024, according to a report by the…
Many ‘doubted the vision’: Saudi investment minister touts ‘green shoring’ on path to diversification
Saudi Minister of Investment Khalid al-Falih defended the country’s economic diversification plan against doubts, highlighting “green shoring” investment opportunities to…